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1 Sucre
| Issuer | Banco de Londres y Ecuador |
|---|---|
| Year | 1887 |
| Type | Standard circulation banknote |
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| Reverse description | The reverse is printed entirely in green and centres on an oval intaglio vignette of the Teatro Sucre in Quito, captioned TEATRO SUCRE, QUITO., with figures and a fountain in the foreground. The word BANCO is engraved in large letters within a decorative guilloche panel at the top, while LONDRES Y ECUADOR runs along the lower margin in bold serif lettering. Symmetrical lathe-work and guilloche borders fill the side panels, incorporating large numeral 1 ornaments at each corner. The printer's imprint AMERICAN BANK NOTE COMPANY. NEW YORK. appears at the bottom centre. |
| Reverse lettering | BANCO TEATRO SUCRE, QUITO. LONDRES Y ECUADOR AMERICAN BANK NOTE COMPANY. NEW YORK. |
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| Comments |
The Banco de Londres y Ecuador was the Ecuadorian arm of the London Bank of Mexico and South America, one of several British-backed institutions that operated throughout Latin America in the nineteenth century. Its authority to issue notes in Ecuador was limited and contested — the country's private banking law of 1884 had opened the door to competitive note issue, but also created chronic instability as multiple banks flooded circulation with their own paper.
The American Bank Note Company contract for this series is consistent with ABNC's dominance of South American security printing in this period. The Sucre denomination itself had only been introduced in 1884, replacing the peso at par — this note dates from just three years into that transition.